Price reductions in supermarket items will be visible to consumers as of early March, due to the implementation of measures by the Development Ministry, while as market executives commented to the Athens-Macedonian News Agency, it is considered certain that the goal of reducing food inflation will be achieved.
The measure banning special offers on retail products whose prices have been hiked is being extended to more products, concerning those with an increase after January 10, 2024, in an apparent effort by the Development Ministry to reduce inflation as high prices remain the biggest problem for citizens.
Winter sales kicked off on Monday and will be running through the end of February. Stores can also open on Sunday, January 14 and 21. According to representatives of the retail sector, following a reasonably successful Christmas period, the winter sales are expected to inject fresh momentum into the market.
Development Minister Kostas Skrekas on Wednesday announced the imposition of fines on two more multinational companies, which, as in the two previous cases a few days earlier, are active in the categories of personal hygiene, personal care and beauty, as well as in the category of household items (cleaners, detergents etc).